Valucentric Launches New Business Model Within the Valuation Space
Several regional appraisal firms have entered a partnership to offer expanded geographical services for the valuation industry. The founding partners—The Trice Group, Real Valuation Services, Chicago Appraisal Center, JSG Real Estate Services and Global Real Property Solutions—have been building Valucentric, a new national brand, which offers both residential and commercial valuation services.
Led by Executive Members Leland Trice, Tom Schurer and Jason Goldberg, Valucentric has more than 100 staff appraiser employees currently providing a full range of valuation services in 15 states and the District of Columbia.
Valucentric utilizes its proprietary, AIR compliant, ENGAGE valuation management platform to manage workflow and integration across client and industry platforms. Valucentric is currently integrating ENGAGE with various clients and transactional platforms for direct "B2B" transactions that expedite service, expand capacity and provide unparalleled levels of timely communication.
"Valucentric is a partnership of like-minded progressive appraisal firms that are working together to build a dynamic enterprise,” said Trice. “The combined entity will allow our partners to collaborate on technology, training and best practices, business development, and administrative synergies. Because the Valucentric ownership is comprised of existing valuation firms, clients are not required to make any immediate changes to company profiles or payment processes. Each regional office will continue "as is" with our outstanding teams that our clients know and trust.”
Geographic expansion will continue in concert with core client needs. In addition to organic growth, Valucentric is currently finalizing partnerships with other valuation firms in Michigan, Ohio, the Carolinas, and Southern California.